If the Liabilities of a Business Increased $58,000 During a Period

question 34

Essay

If the liabilities of a business increased $58,000 during a period of time and equity in the business decreased $18,000 during the same period, would the assets of the business have increased or decreased? By what amount?

---

Definitions:

Diseases

Medical conditions characterized by an abnormal state affecting the body or mind, often associated with specific symptoms and signs.

Consequences

The results or effects that naturally follow from a specific action or set of conditions.

Brutality

Savage physical violence; excessive or cruel force.

Position Of Attention

A military posture where one stands straight with feet together and hands at the sides, used to show respect or readiness.